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ALUMINIUM FOIL FACILITY
Shyam Metalics commissions aluminium foil facility at Sambalpur plant in OdishaShyam Metalics and Energy has commissioned a new aluminium foil manufacturing facility. This facility in Sambalpur, Odisha, has an annual p...
Steel giant Jindal India completes Rs 1,500 cr expansion in West BengalJindal India Ltd has finished its Rs 1,500-crore expansion in West Bengal. A new colour coating line is now operational at its Howrah facil...
Hindalco doubling Odisha smelter capacity in growth pushHindalco Industries is significantly expanding its operations in India. The company is investing Rs 21,000 crore to double its aluminium sm...
Hindalco announces Rs 21,000-cr aluminium smelter expansion in OdishaHindalco Industries is investing 210 billion rupees to expand its aluminium smelter in Odisha. The company has also commissioned a new faci...
Hindalco to invest Rs 45,000 crore in India's metal business: Kumar Mangalam BirlaKumar Mangalam Birla, chairman of Aditya Birla Group, announced a major investment of Rs 45,000 crore in Hindalco's aluminium, copper, and ...
Hindalco to spend nearly $7 billion on capex in 3-5 yearsHindalco Industries plans to invest $7 billion in capital expenditure over three-five years, focusing on Novelis and Hindalco India. The Ba...
Hindalco looks to take 'direct' route to rev up auto parts bizHindalco Industries, part of the Aditya Birla Group and the world's largest aluminium rolling and recycling firm, is increasing its focus o...
GSM Foils shares list at IPO price on NSE SME platformGSM Foils Share Price: GSM Foils lists on NSE SME at Rs 32 per share, with healthy IPO response of 250 times subscription. The company manu...
GSM Foils IPO allotment to be finalised today. Here's how you can check statusGSM Foils IPO Status: GSM Foils IPO is likely to finalise allotment today. In the unlisted market, stock trading at Rs 5 premium. IPO subsc...
GSM Foils IPO opens today: Check issue size, price band, GMP & other detailsGSM Foils IPO opens today to raise Rs 11 crore, listing on NSE SME platform. Shreni Shares manages the public offer for manufacturing Blist...
Hindalco to invest Rs 800 crore for a new plant in OdishaThe plant, set to be opened in the eastern state of Odisha, is slated to be operational by July 2025 to produce 25,000 tonnes of aluminium ...
Shyam Metalics expects to start commercial production of battery-grade aluminium foil from Q2 next year: Sheetij AgarwalShyam Metalics and Energy Limited has entered the energy storage sector by manufacturing battery-grade aluminum foil. The company believes ...
Vedanta plans Rs 2,500 crore plant for flat rolled productsFlat rolled products, or FRPs, comprise foils, sheets and plates and are used in the automobile, aerospace, consumer durables sectors, amon...
MMP Industries IPO's anchor portion oversubscribedThe issue, which closes on April 4, will mop up Rs 85 crore on the upper price band. Incidentally, MMPIL's IPO is the largest so far on NSE...
- New capacity, demand buoyancy can boost Ess Dee
At Rs 405, the stock trades at a 12-month price earnings multiple of 5 times.
- Ess Dee to reopen IFL’s Hoera plant by March
Aluminium foils packaging company Ess Dee Aluminium, which recently acquired India Foils (IFL) from the Sterlite group, is planning to reop...
- Gujarat Foils to invest Rs 120 cr on expansion
After acquiring a controlling 60 per cent stake in aluminium foils maker Gujarat Foils for Rs 33 crore, Topworth Group of Companies on Wedn...
- Ess Dee enters last lap of race for India Foils
ESS Dee Aluminium, one of the country’s leading pharma packaging firms, is in the final round of negotiations with the Vedanta Group to acq...
- Ess Dee set to acquire firms in India, Europe
Ess Dee Aluminium has shortlisted two companies for acquisitions in India and Europe and it was in the process of doing the 'due diligence'.
- Ess Dee issues 5 pc to Morgan Stanley
Morgan Stanley has picked up 5 per cent preferential equity in Ess Dee Aluminium for Rs 575/share, in a transaction totalling Rs 81 crore.